Integrated Filing — IndAS



General information about company

Scrip Code 532756
NSE Symbol CIEINDIA
MSEI Symbol NOTLISTED
ISIN INE536H01010
Name of company CIE AUTOMOTIVE INDIA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-01-2025
Date of end of financial year 31-12-2025
Date of board meeting when results were approved 19-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 03-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Geographical
Description of single segment
Start date and time of board meeting 19-02-2026   16:40:00
End date and time of board meeting 19-02-2026   18:35:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-01-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 2,39,299.80 9,40,647.40
Other income 2,386.10 10,125.70
Total income 2,41,685.90 9,50,773.10
2 Expenses
(a) Cost of materials consumed 1,19,110.70 4,72,413.70
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,037.90) 4,479.60
(d) Employee benefit expense 29,854.10 1,12,699.10
(e) Finance costs 866.70 2,651.60
(f) Depreciation, depletion and amortisation expense 9,550.60 35,808.40
(f) Other Expenses
1 Other Expenses 57,915.40 2,14,808.10
Total other expenses 57,915.40 2,14,808.10
Total expenses 2,16,259.60 8,42,860.50
3 Total profit before exceptional items and tax 25,426.30 1,07,912.60
4 Exceptional items 0.00 0.00
5 Total profit before tax 25,426.30 1,07,912.60
6 Tax expense
7 Current tax 5,854.00 26,524.90
8 Deferred tax (414.60) (677.60)
9 Total tax expenses 5,439.40 25,847.30
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 19,986.90 82,065.30
12 Profit (loss) from discontinued operations before tax 278.20 520.20
13 Tax expense of discontinued operations (72.60) 0.00
14 Net profit (loss) from discontinued operation after tax 350.80 520.20
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 92.80 231.70
16 Total profit (loss) for period 20,430.50 82,817.20
17 Other comprehensive income net of taxes 3,442.00 31,973.70
18 Total Comprehensive Income for the period 23,872.50 1,14,790.90
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 20,430.50 82,817.20
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 3,442.00 31,973.70
Total comprehensive income for the period attributable to owners of parent non-controlling interests 23,872.50 1,14,790.90
21 Details of equity share capital
Paid-up equity share capital 37,936.20 37,936.20
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 7,07,977.70
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 5.29 21.69
Diluted earnings (loss) per share from continuing operations 5.29 21.69
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0.09 0.14
Diluted earnings (loss) per share from discontinued operations 0.09 0.14
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 5.38 21.83
Diluted earnings (loss) per share from continuing and discontinued operations 5.38 21.83
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The statement of consolidated financial results has been prepared in accordance with the Companies Indian Accounting Standards Rules 2015 Ind AS prescribed under Section 133 of the Companies Act 2013 and other recognized accounting practices and policies to the extent applicable 2. The Board of Directors of the Company at its meeting held on August 10 2023 approved the transaction of sale of 100 percent stake held by CFG in its subsidiaries in Germany namely Jeco Jellinghaus GmbH JECO, Gesenkschmiede Schneider GmbH GSA, Falkenroth Umformtechnik GmbH FUG and Schoneweiss and Co. GmbH SCG to Mutares SE and Co KgaA the Buyer the Transaction Thereafter, CFG as seller of JECO, GSA, FUG and SCG and the Buyer entered into binding agreements to give effect to the Transaction on August 10, 2023. As per this agreement, under the relevant accounting standards effective 1st July, 2023, JECO, GSA, FUG and SCG results are not included in the consolidated results. The amounts under discontinued operation for the quarter and year ended 31st December, 2025 are related to interest income. Brief details of discountinuing operations are given under- Particulars 31 Dec 2025 30 Sep 2025 31 Dec 2024 31 Dec 2025 31 Dec 2024 (Refer Note 7)Unaudited (Refer Note 7) Audited Audited I.Total Income 27.82 11.03 49.68 52.02 72.08 II.Total expenses 0 0 4.54 0 0 III.Profit before tax I-II 27.82 11.03 54.22 52.02 72.08 IV.Tax expense -7.26 3.31 -5.36 0 0 V.Profit from discontinued operations III-IV 35.08 7.72 59.58 52.02 72.08 3. The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on February 19, 2026. The statutory auditors of the Group have carried out the audit of statement of consolidated financial results for the year ended December 31, 2025 and have expressed an unmodified opinion. 4. The subsidiaries and associate companies forming part of consolidated financial results of CIE Automotive India Limited are listed in Annexure A annexed herewith the statement. 5. CIE Aluminium Castings India Limited CACIL, the companys subsidiary is eligible for Government Grant income under Maharashtra Government Package Scheme of Incentives PSI 2013. This incentive is in the form of refund from the Government of Maharashtra on actual VAT SGST paid by the company from the period February 01, 2016 to January 31, 2023 7 years with a maximum limit of Rs 2,674 Million. During the previous year, CACIL has received a period enhancement for this subsidy upto January 31, 2025 and a maximum value enhancement upto Rs 3,112 Million. As a result of this extension, additional grant income of Rs 220 Million which pertains to the period upto December 31, 2023, was recognised in the statement of Profit and Loss for the quarter ended March 31, 2024 and the year ended December 31, 2024. 6. The Board of Directors of the Holding Company at their meeting held on February 19, 2026 recommended final dividend of INR 7 per equity share of INR 10 each fully paid up for financial year ending December 31, 2025. 7. The figures for the quarter ended 31 December 2025 and 31 December 2024 are derived balancing figure between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the financial year, respectively. 8. On 21 November 2025, the Government of India notified four Labour Codes consolidating 29 existing labour laws. The Indian entities in the Group have assessed and disclosed the incremental impact of these changes on the basis of the best information available. Accordingly, the Group has recorded an incremental net impact on gratuity and long term compensated absences of Rs.132.17 million in the Consolidated Statement of Profit and Loss for the quarter and year ended 31 December 2025. The Group continues to monitor the finalisation of Central State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed. 9. During the current year, there has been a change in the registered office of the Holding Company. The change was approved by the Board of Directors of Holding Company at its meeting held on February 20, 2025, and necessary filings were made with the Registrar of Companies in accordance with the provisions of Section 12 of the Companies Act, 2013. The change became effective from August 29, 2025.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2025
Date of end of reporting period 31-12-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 3,03,622.90
Capital work-in-progress 12,956.90
Investment property 10,447.80
Goodwill 3,03,750.10
Other intangible assets 2,192.80
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 5,109.50
Non-current financial assets
Non-current investments 188.00
Trade receivables, non-current 0.00
Loans, non-current 39,053.70
Other non-current financial assets 4,106.70
Total non-current financial assets 43,348.40
Deferred tax assets (net) 2,127.50
Other non-current assets 12,334.40
Total non-current assets 6,95,890.30
2 Current assets
Inventories 1,12,956.70
Current financial asset
Current investments 1,40,605.00
Trade receivables, current 60,903.70
Cash and cash equivalents 23,048.60
Bank balance other than cash and cash equivalents 2,356.60
Loans, current 13,173.40
Other current financial assets 13,383.20
Total current financial assets 2,53,470.50
Current tax assets (net) 1,702.60
Other current assets 11,658.60
Total current assets 3,79,788.40
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 10,75,678.70
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 37,936.20
Other equity 7,07,977.70
Total equity attributable to owners of parent 7,45,913.90
Non controlling interest 0.00
Total equity 7,45,913.90
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 18,559.60
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 1,978.10
Total non-current financial liabilities 20,537.70
Provisions, non-current 7,911.10
Deferred tax liabilities (net) 33,911.80
Deferred government grants, Non-current 0.00
Other non-current liabilities 13,490.60
Total non-current liabilities 75,851.20
Current liabilities
Current financial liabilities
Borrowings, current 20,042.40
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 22,953.60
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,63,370.20
Total Trade payable 1,86,323.80
Other current financial liabilities 7,266.20
Total current financial liabilities 2,13,632.40
Other current liabilities 28,194.50
Provisions, current 6,656.70
Current tax liabilities (Net) 5,430.00
Deferred government grants, Current 0.00
Total current liabilities 2,53,913.60
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 3,29,764.80
Total equity and liabilites 10,75,678.70
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-01-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 India 1,59,357.30 6,14,308.90
2 Europe 79,953.30 3,26,417.70
Total Segment Revenue 2,39,310.60 9,40,726.60
Less: Inter segment revenue 10.80 79.20
Revenue from operations 2,39,299.80 9,40,647.40
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 India 20,154.30 82,308.30
2 Europe 6,509.70 29,007.80
Total Profit before tax 26,664.00 1,11,316.10
i. Finance cost 866.70 2,651.60
ii. Other Unallocable Expenditure net off Unallocable income 278.20 520.20
Profit before tax 25,519.10 1,08,144.30
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 India 6,69,187.30 6,69,187.30
2 Europe 4,06,491.40 4,06,491.40
Total Segment Asset 10,75,678.70 10,75,678.70
Un-allocable Assets 0.00 0.00
Net Segment Asset 10,75,678.70 10,75,678.70
4 Segment Liabilities
Segment Liabilities
1 India 1,63,316.40 1,63,316.40
2 Europe 1,66,448.40 1,66,448.40
Total Segment Liabilities 3,29,764.80 3,29,764.80
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 3,29,764.80 3,29,764.80
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) The Chief Operating Decision Maker (CODM) reviews the group’s internal financial information for the purpose of evaluating performance and assignment of the resources. While evaluating performance and basis the current market dynamics, the CODM is evaluating Bill Forge de Mexico, S.A de C.V (‘Bill forge Mexico’) as part of Europe with effect from 1st January,2025. Hence, the segment information for the previous reporting periods has been adjusted accordingly to reflect the revised segment structure, to ensure comparability with the current period. This change in reporting segments has no impact on the overall consolidated financial results of the Company as reported previously.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-01-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss 502.90 428.50
Total Amount of items that will not be reclassified to profit and loss 502.90 428.50
2 Income tax relating to items that will not be reclassified to profit or loss 125.70 107.10
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to profit or loss 3,064.80 31,652.30
Total Amount of items that will be reclassified to profit and loss 3,064.80 31,652.30
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 3,442.00 31,973.70



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2025
B Date of end of reporting period 31-12-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,07,912.60
Adjustments for reconcile profit (loss)
Adjustments for finance costs 2,651.60
Adjustments for decrease (increase) in inventories 5,642.60
Adjustments for decrease (increase) in trade receivables, current 1,887.30
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets (2,615.10)
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 156.30
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 13,428.70
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (3,984.70)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 35,808.40
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 478.40
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 638.60
Adjustments for dividend income 0.00
Adjustments for interest income 1,714.70
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (4,796.20)
Adjustments for undistributed profits of associates (231.70)
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) (3,445.40)
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships (231.70)
Total adjustments for reconcile profit (loss) 44,135.80
Net cash flows from (used in) operations 1,52,048.40
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 26,250.70
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 1,25,797.70
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 8,898.90
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 45.20
Other cash payments to acquire equity or debt instruments of other entities 36,850.10
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 218.80
Proceeds from sales of property, plant and equipment 467.30
Purchase of property, plant and equipment 37,741.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 7,847.30
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 23,135.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 2,235.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (22.40)
Net cash flows from (used in) investing activities (78,473.60)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 6,264.60
Repayments of borrowings 27,440.50
Payments of lease liabilities 2,430.00
Dividends paid 26,442.80
Interest paid 2,554.40
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (52,603.10)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (5,279.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents (1,762.80)
Net increase (decrease) in cash and cash equivalents (7,041.80)
Cash and cash equivalents cash flow statement at beginning of period 30,090.40
Cash and cash equivalents cash flow statement at end of period 23,048.60





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 BSR & Co LLP Yes 31-07-2028